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Chemicals / Metals

Hydro opens new aluminium recycling plant in Cassopolis, Michigan

Category: Business News

On November 16, Hydro opened the Cassopolis plant in the U.S., 18 months after breaking ground at the site. The USD 150 million Michigan plant will produce 120,000 metric tonnes of recycled aluminium annually. Hydro is now producing aluminium with the lowest carbon footprint in North America. “With the U.S. experiencing a manufacturing renaissance, this […]

Source: Hydro


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Halliburton acquires Norwegian tech company to enable DecisionSpace 365 reservoir modeling, optimization

Category: Business News

(WO) – Halliburton Company has acquired Resoptima AS, a Norwegian technology company that specializes in data-driven reservoir management. This strategic acquisition will integrate the industry-leading reservoir modeling and predictive analytics of Resoptima into the Halliburton Landmark DecisionSpace 365 suite. Resoptima provides technology solutions that enhance oil and gas operators’ ability to harness data for reservoir […]

Source: WorldOil


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Yara and Enbridge plan $2.9 bln ammonia plant in Texas

Category: Business News

Norwegian fertiliser maker Yara (YAR.OL) and Canadian pipeline company Enbridge (ENB.TO) plan to invest up to $2.9 billion to build a low-carbon blue ammonia production plant in Texas, they said on Friday. Blue ammonia, rather than green ammonia derived from renewable energy, refers to ammonia produced from natural gas, with the carbon dioxide (CO2) byproduct captured and stored. The […]

Source: Yara


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Lockheed Martin sells deep-sea mining firm to Norway’s Loke

Category: Business News

OSLO, March 16 (Reuters) – Norway’s Loke Marine Minerals has acquired deep-sea mining firm UK Seabed Resources (UKSR) from U.S. weapons manufacturer Lockheed Martin (LMT.N), the companies said on Thursday as international rules governing seabed mining are hammered out. Read full article.  

Source: Reuters


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Desert Control opens first U.S. facility in Yuma

Category: Business News

YUMA, Ariz. (KYMA, KECY) – A new agriculture company from Norway moved into Yuma County. Desert Control opened its first operations base in the United States here in Yuma, making it possible for farmers to grow more, with less water. The company says it’s excited to bring the benefits of liquid natural clay to local […]

Source: Kyma


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